Analyst, Pharmacy Contract Audit at Navitus in Dover, Delaware

Analyst, Pharmacy Contract AuditDue to growth, we are adding a Analyst, Pharmacy Contract Audit to our team!The Analyst, Pharmacy Contract Audit is responsible for the oversight of Navitus' contractual pharmacy network reimbursement accuracy. The individual in this position is expected to make independent assessments to confirm Navitus is conforming to contractual reimbursement obligations contained in Retail, Specialty, and Mail Order pharmacy agreements. The Analyst will continually review and monitor claims data, create, and update procedures, audit networks for price change accuracy, monitor compliance with Navitus pharmacy provider contracts, communicate findings, and work with applicable teams to remediate errors. The Analyst works closely with inter and intra-departmental resources to interpret and understand contractual terms, client network selections, and how they are operationalized in applicable systems. The Analyst will be knowledgeable of business operations, utilizing Navitus' adjudication system (NCRx) and contracting and credentialing databases (PC2), among other applications. Provider, client, and network performance will be analyzed in support of network development, quality control, and compliance with contractual terms, including effective rate and other aggregate tracking mechanisms. As part of the Provider Relations team, the Analyst will be responsible for creating an array of reports to validate systems accuracy to Retail, Specialty, and Mail Order contractual terms.Is this you? Find out more below!ResponsibilitiesAnalytical and operational understanding of Navitus' reimbursement programs including AWP, WAC, MAC, NADAC, FUL, AAC, Average Dispensing Fee, and other pricing structuresResponsible for fielding, analyzing, and resolving inquiries from pharmacy providers, clients, auditors, and internal teams regarding Retail, Specialty, and Mail Order pricing errors with focus on the root causeInterpret pharmacy contract language to compare Retail, Specialty, and Mail Order contract pricing to adjudicated claims activityDevelop and maintain appropriate controls and oversight reporting on the end-to-end process of Retail, Specialty, and Mail Order contract pricing. If process controls are absent, the expectation is to identify, define, and implement new processes as neededResponsible for pharmacy network rate testing, chain audits, analysis, and impact assessmentMake decisions regarding the resolution of pharmacy network pricing setup issuesSubmit service requests, recovery requests, and/or engage applicable teams to make system updates/changesUnderstand, follow, and improve current operational and administrative processesPeriodic and detailed reporting of contractual compliance activities and opportunities to Provider Services team and cross-functional leadershipOther duties as assignedQualificationsBachelor's degree or equivalent experience required. Emphasis in business, finance, economics, or operations preferredMinimum two years analytics experience requiredParticipate in, adhere to, and support compliance program objectivesThe ability to consistently interact cooperatively and respectfully with other employeesWhat can you expect from Navitus?Top of the industry benefits for Health, Dental, and Vision insurance20 days paid time off4 weeks paid parental leave9 paid holidays401K company match of up to 5% - No vesting requirementAdoption Assistance ProgramFlexible Spending AccountEducational Assistance Plan and Professional Membership assistanceReferral Bonus Program – up to $750!Navitus Health Solutions is an Equal Opportunity Employer. Qualified applicants will receive consideration for employment without regard to race, color, religion, creed, sex, pregnancy, sexual orientation, gender identity or expression, national origin, age, disability, genetic information, veteran status, or any other characteristic protected by law. Equal employment opportunity, including veterans and individuals with disabilities.